- Raytheon Technologies Corp RTX The Pratt & Whitney subsidiary was reportedly struggling with some engine problems.
- The Brazilian aircraft manufacturer Embraer SA ERJ dismissed concerns that engine supplier Pratt & Whitney’s problems would prevent airlines from placing orders and hinted at possible order announcements at the forthcoming Paris Airshow, reported Reuters.
- Related: India’s Go First airline blames Pratt & Whitney Engines for its collapse: report
- Arjan Meijer, chief executive officer of Embraer Commercial Aviation, hinted at an upcoming order from a US regional airline, pointing to the existing version of the E175 flown by regional subsidiaries of US airlines, which uses different engines.
- Also read: Embraer and Azorra sign US$635 million aircraft deal with Royal Jordanian
- Price promotion: RTX shares are trading up 1.12% at $94.16 at last check on Friday.
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